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Listed by Khanh Oberley, DRE #02111602 • Douglas Elliman of CA, Inc.
$ 625,000
Est. payment | /mo
6,036 Sqft Lot
$ 625,000
Est. payment | /mo
6,036 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPF26231440
Lot Size 6,036 Sqft
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
Vacant corner lot two blocks from historic Christmas Tree Lane in one of Altadena's most sought-after neighborhoods. The site was previously improved with a two-story Spanish-style triplex had three distinct addresses (2040, 2042, and 2044 El Molino Avenue) and a 3-car garage, so multi-unit use has established precedent. In the original layout, the ground floor held two units, a one-bedroom and a two-bedroom, each with its own living room, dining room, kitchen, and bath, and one with private patio space. The upper level was a three-bedroom, two-bath unit with its own living and dining rooms, a covered front porch, and views of the San Gabriel Mountains. Each unit had its own garage, and the grounds included private outdoor areas and a shared rose garden. With two street frontages, the lot gives flexibility in access, orientation, and layout. Developers can pursue a new multi-unit project. End users can build a home with rental income or a multigenerational property with separate living spaces. Investors can choose between a custom single-family residence for resale or a multi-unit build for long-term income
Location
State CA
County Los Angeles
Area 604 - Altadena
Zoning D0
Exterior
Fence None
View Local/Neighborhood
Building
Water District - Public
Others
Tax ID 5845032001
Special Listing Condition Not Applicable
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